LONDON--()--
Following the launch of its new share buyback programme on 27 July 2010, the Swiss alternative investment company ALTIN AG, (LSE: AIA, SIX: ALT), listed on the London and Swiss stock exchanges, today announces the number of shares purchased on the second trading line opened on the SIX Swiss Exchange.
ALTIN AG (“the Company”) announces that on 2 September, 2010, it purchased 10,500 shares with a par value of CHF 17 each at an average price per share of CHF 50.41. These shares were purchased on the Company’s second trading line opened on the SIX Swiss Exchange (ticker: ALTNE).
To date, the Company has purchased 150,500 shares on its second trading line. Following the above second line purchase, and inclusive of 331,436 shares currently held in treasury, the total number of shares held in treasury is 481,936.
Shares held in treasury and purchased on the second trading line now represent 10.22% of the total shares in issue.
For further information, please contact
|
ALTIN AG Tel. +41 41 760 62 60 |
David Hothersall Kinlan Communications Tel. +44 20 7638 3435 |
Note to Editors
About ALTIN AG
ALTIN was launched in December 1996 and is listed on the SIX Swiss Exchange (since 1996) as well as on the London Stock Exchange (since 2001). It ranks among Switzerland’s leading alternative investment companies. Currently, ALTIN is invested in approximately 35 hedge funds representing ten investment strategies and is particularly well diversified. Its objective is to generate an absolute annual return in US dollars terms with lower volatility than equity markets. Owing to these characteristics and a low correlation to equity markets, ALTIN shares provide an ideal complement for all diversified portfolios.
ALTIN is managed by Alternative Asset Advisors SA, a management firm specialised in alternative investments and a member of the SYZ & CO Group.
Information regarding the second trading line:
| Security Number | ISIN | Ticker Symbol | |||
| 11 507 896 | CH 011 507 896 3 | ALTNE |

